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Jan 14, 2013
01/13
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reform by closing loopholes in our tax reform for the wealthiest americans. if we combine a balanced package of saving through -- we can solve the deficit issues without sacrificing things like our investments in education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it's fair for example to ask a senior to pay more for his or her health care or for a scientist to shut down ground breaking research so that a multimillionaire can pay less taxes than a secretary. they don't think it's smart to close endless loopholes for wealthy americans rather than invest in our roads and to help manufacturers bring jobs back to america. they want us to bring our books in order no a balanced way where everybody pulls their weight and everybody does their part. that's what i want as well. that pie that's what i've proposed. and we can get it done, but we're going to have to make sure that people are looking at
reform by closing loopholes in our tax reform for the wealthiest americans. if we combine a balanced package of saving through -- we can solve the deficit issues without sacrificing things like our investments in education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it's fair for example to ask a senior to pay more for his or...
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Dec 18, 2012
12/12
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plan b would be to make sure everybody's taxes don't go up. it would be legislation to keep taxes where they are for people making $1 million and less. listen to what he told reporters afterwards. >> at the same time we will continue to talk with the president we are going to also move plan b. i think we all know that every income tax filer in america is going to pay higher rates come january 1 unless congress acts. so i believe it is important that we protect as many american taxpayers as we can. and our plan b would protect american taxpayers who make $1 million or less and have all of their current rates extended. >> reporter: as we were talking, the white house officially released the statement rejecting the so-called plan b legislation and that is not a surprise because it is in keeping with what we have heard from democrats. senior democrats who laughed this off as a joke. one senior democrat said this is a punch line, not a compromise. because they believe that the president in recent days has moved more towards the speaker than even ma
plan b would be to make sure everybody's taxes don't go up. it would be legislation to keep taxes where they are for people making $1 million and less. listen to what he told reporters afterwards. >> at the same time we will continue to talk with the president we are going to also move plan b. i think we all know that every income tax filer in america is going to pay higher rates come january 1 unless congress acts. so i believe it is important that we protect as many american taxpayers...
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May 18, 2013
05/13
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code to hide their donors and evade taxes. so if that is the suspicion, why so much flak over this? resignations, hearings, et cetera? >> we have to grapple with what's just happened and there has to be consequences. it was a serious infraction on the part of these agents and their managers including those in washington, d.c. not just in the cincinnati office. there should be consequences and this will be an investigation that continues for weeks, if not months, and if some have their way, through the midterm or presidential election cycle. but we need to deal with this, but we can't lose sight of the fact that there's a larger pressing issue that hundreds of millions of dollars were being spent by these so-called social welfare organizations and those are the really concerning ones on both sides of the aisle. >> sheila, thank you for being with us, appreciate it. >> my pleasure, thank you. >>> there are lines, crowds, and there's a lot of heat. you know what i'm talking about. going to disney. in all it's a lot of fun. all th
code to hide their donors and evade taxes. so if that is the suspicion, why so much flak over this? resignations, hearings, et cetera? >> we have to grapple with what's just happened and there has to be consequences. it was a serious infraction on the part of these agents and their managers including those in washington, d.c. not just in the cincinnati office. there should be consequences and this will be an investigation that continues for weeks, if not months, and if some have their...
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Apr 10, 2013
04/13
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and with some tax increases and tax changes for millionaires. but the budget also includes some new spending and priorities that the president thinks are important. spending on infrastructure and, for example, universal pre-k education for all kids in america which we're looking for the dollar figure on that, it's going to come out soon and that's going to be a big price tag republicans really dislike all that new spending. you ask where this goes. it could go nowhere from here tonight he sits down with a dozen or so senators, republican senators to talk this over, guns, immigration, and see if they can revive any sort of talks. not a lot of optimism in washington that deficit deal will get going from here. but this is the president's offer to restart -- kick start that discussion, wolf. >> yeah, at least there's a budget proposal on the table right now from the president, one from the democrats who have the majority in the senate. one from the republicans who have the majority in the house. gloria borger is watching what's going on. what is pro
and with some tax increases and tax changes for millionaires. but the budget also includes some new spending and priorities that the president thinks are important. spending on infrastructure and, for example, universal pre-k education for all kids in america which we're looking for the dollar figure on that, it's going to come out soon and that's going to be a big price tag republicans really dislike all that new spending. you ask where this goes. it could go nowhere from here tonight he sits...
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Dec 16, 2012
12/12
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a source tells cnn that boehner has offered to raise tax rates on people making more than $1 million in exchange for entitlement cuts, the white house is still holding to the $250,000 threshold. unless a deal is reached by january 1st, 98% of americans will be hit with a tax increase. >>> egypt's muslim brotherhood declare as narrow victory in the first round of hotly contested constitutional referendum. this is the only first weekend of voting, the rest of the country will vote next weekend. election monitor report some claims of voter intimidation, as well as early poll closings. >>> former south african president, nelson mandala is recovering in a hospital in pretoria. the 94-year-old nobel laureate had gall stones removed yesterday. he was hospitalized last weekend for a lung infection, he's been keeping a low profile for years and is hailed as a hero of democracy in south africa. >>> well, a message of hope in the wake of unspeakable heartbreak. the father of one of the children killed in connecticut offer as message of love and reconciliation. [ woman ] dear cat, your hair mixe
a source tells cnn that boehner has offered to raise tax rates on people making more than $1 million in exchange for entitlement cuts, the white house is still holding to the $250,000 threshold. unless a deal is reached by january 1st, 98% of americans will be hit with a tax increase. >>> egypt's muslim brotherhood declare as narrow victory in the first round of hotly contested constitutional referendum. this is the only first weekend of voting, the rest of the country will vote next...
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Jan 2, 2013
01/13
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fix or tax cuts, so i think the fact that those tax cuts were permanently extended actually is a good thing, because it is difficult when they aren't, but yeah, i think that you look at especially now the environment of things as this is a congress that the president wants to undertake other issues like immigration reform and gun violence, and you can see how it even maybe has a pleefover effect as they try to get their business done in a limited amount of time. the question is now that i hear that a f-bomb was at the white house and i won't say whom, it doesn't sound like there will be a better tenor going forward. is the white house actually considering this a victory? >> reporter: i will tell you, ashleigh, i think the white house considers how this fight went for them, the president was more effective than, say, during the debt ceiling. i think the tone we got during the debt ceiling was president obama was trying to position himself as a reasonable adult in the room, that he was trying to achieve somebody, and remember we saw him in the briefing room the day before this deal was
fix or tax cuts, so i think the fact that those tax cuts were permanently extended actually is a good thing, because it is difficult when they aren't, but yeah, i think that you look at especially now the environment of things as this is a congress that the president wants to undertake other issues like immigration reform and gun violence, and you can see how it even maybe has a pleefover effect as they try to get their business done in a limited amount of time. the question is now that i hear...
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Sep 12, 2009
09/09
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you have the bulk of the people there for low taxes, less government control, but there is an element that has these outlandish conspiracy theories about death camp and takeover. people comparing president obama to hitler. one of the big questions as this movement goes forward, while maintaining this element on the edges, we don't know. but there is some heaviness out there. >> i saw the socialist with the face, red lips, what have you. here's what i want to ask you. at the tea parties are these rallies. have you ever seen any people what's actually in the bill to the people at the rally? >> you know, a little bit, but what you hear from the stage is a lot different than the crowd. on the stage they are talking about small government and health care and stuff, but in the crowd what you are really hearing is a different message, when you get out and talk to the people. it's a darker thing where they really feel that the country is going in the wrong way. >> explain what you mean to my by a much darker thing. >> one of the things we heard over and over again is that it's the death panel
you have the bulk of the people there for low taxes, less government control, but there is an element that has these outlandish conspiracy theories about death camp and takeover. people comparing president obama to hitler. one of the big questions as this movement goes forward, while maintaining this element on the edges, we don't know. but there is some heaviness out there. >> i saw the socialist with the face, red lips, what have you. here's what i want to ask you. at the tea parties...
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Apr 18, 2010
04/10
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family cans get a $10,000 tuition tax credit. we have to continue to work to make college more affordable. this is the biggest increase in funding since the gi bill. we want to make sure every child has the chance to pursue the dream of higher education. we need to challenge universities to think about reducing costs. families have to vote with their feet. some universities with runaway expenses, some going to three-year programs, no-frill campuses. we have thousands of universities around the country. parents and students can go to places where they are getting value for their hard earned dollars. where the costs are skyrocketing, they will start to lose students. >> i want to hear from a parent. it is not like talking about it, you have to jump through hoops and sometimes that isn't enough. >> let me tell you what we've done. the financial aid form it used to be a huge impediment to going to college. you basically needed a ph.d. to fill it out. 17-year-olds don't have a ph.d. >> people are agreeing. >> we simplified the form. i
family cans get a $10,000 tuition tax credit. we have to continue to work to make college more affordable. this is the biggest increase in funding since the gi bill. we want to make sure every child has the chance to pursue the dream of higher education. we need to challenge universities to think about reducing costs. families have to vote with their feet. some universities with runaway expenses, some going to three-year programs, no-frill campuses. we have thousands of universities around the...
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Jun 24, 2020
06/20
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access tax-free cash and stay in the home you love. of course, you can use it to pay some bills, cover medical costs, update or repair your home. but best of all, it eliminates those monthly mortgage payments so you get more cash in your pocket, every month. learn how you can use a reverse mortgage loan to cover your expenses, pay for healthcare, preserve retirement savings, and so much more. a lots changed since 1961... since then over a million older americans have used a reverse mortgage loan to finance their retirements. it meant so much to nellie, maybe it could mean as much to you... call now and get your free infokit maybe it could mean anolon pioneered the hard- anodized non-stick pan. we spent 35 years perfecting it. we put non-stick inside and out, so it's easier to clean. we invented an induction-ready, extra-thick aluminum base, so it can take the heat. then we added an edge-to-edge stainless steel bottom, so it's truly dishwasher-safe. most importantly, we made it for you. anolon. the ultimate nonstick. get yours at anolon
access tax-free cash and stay in the home you love. of course, you can use it to pay some bills, cover medical costs, update or repair your home. but best of all, it eliminates those monthly mortgage payments so you get more cash in your pocket, every month. learn how you can use a reverse mortgage loan to cover your expenses, pay for healthcare, preserve retirement savings, and so much more. a lots changed since 1961... since then over a million older americans have used a reverse mortgage...
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Dec 16, 2012
12/12
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unless a deal is reached by january 1st practically everyone will be hit with a tax increase. >>> it appears that president obama has tapped massachusetts senator john kerry as his next secretary of state. a source says the president may make the announcement later this week. kerry narrowly lost the president? i -- presidency in 2004 to george w. bush. he is a decorated veteran of the vietnam war. >>> the state department gets a look at the details report about the attack on the consulate in benghazi, libya. secretary of state hillary clinton ordered this review. members of congress are scheduled to get the classified briefing on wednesday. clinton will not testify. she is recovering after a concussion from fainting due to dehydration. >>> and as you prepare to send your children to school tomorrow, you may have to address some fears. our next guest will help us find ways to talk to our children about tragedy and look at ways that we all can move forward. from the best players in history to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. un
unless a deal is reached by january 1st practically everyone will be hit with a tax increase. >>> it appears that president obama has tapped massachusetts senator john kerry as his next secretary of state. a source says the president may make the announcement later this week. kerry narrowly lost the president? i -- presidency in 2004 to george w. bush. he is a decorated veteran of the vietnam war. >>> the state department gets a look at the details report about the attack on...
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Nov 15, 2010
11/10
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congress has to deal with, starting with we call the bush tax cuts. >> yeah. the big showdown. so we'll find out over the next week oar two whether there will be an agreement on the tax cuts. will democrats give in a little bit? will republicans give in a little bit? i will tell you president obama just a few hours ago, on his way back to the white house from his nine-day trip, is really seeming to try to call the republican bluff. he wants republicans to try to explain to him why tax cuts for people above $250,000 a year should continue, and that will be the big showdown the next couple of weeks. >> there was some movement on don't ask, don't tell last week with the courts, and then there was a dig demonstration today i know. is don't ask, don't tell going to come up next week? >> certainly going to come up, and there will be a lot of discussion. the fact is will congress be able to approve something to repeal it, and i'll tell you the fact that the pentagon has not approved or released its report about what to do on this, it's very unlikely that don't ask, don't tell will be
congress has to deal with, starting with we call the bush tax cuts. >> yeah. the big showdown. so we'll find out over the next week oar two whether there will be an agreement on the tax cuts. will democrats give in a little bit? will republicans give in a little bit? i will tell you president obama just a few hours ago, on his way back to the white house from his nine-day trip, is really seeming to try to call the republican bluff. he wants republicans to try to explain to him why tax...
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Dec 1, 2013
12/13
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will immigration or tax reform will anything move forward over the bam and forth over obama care? you are going to see democrats cheering. you are going to see some outrage from people that realize that he are going to be paying more out of their pocket and less access to the doctors that they want to see. every day that goes by, he is becoming more of a lame duck president with a lame duck presidency. seems like the big problem in the 2014 elections is for democrats. are these the guys that are going to be in the cross hairs in 2014? it is the same story that would be in 2014. if you had talked to any expert months ago. there is no way republicans can overcome a government shut down. in two or three months the pendulum could shift again. if most of the problems are fixed and repaired don't be surprised if senate democrats are just fine and the issue goes back to the question of who do we want to govern this question. >> thank you very much. thank you very much. thank you. >> the investigation into a deadly train derailment into the bronx into the ntsb we will hear about the condi
will immigration or tax reform will anything move forward over the bam and forth over obama care? you are going to see democrats cheering. you are going to see some outrage from people that realize that he are going to be paying more out of their pocket and less access to the doctors that they want to see. every day that goes by, he is becoming more of a lame duck president with a lame duck presidency. seems like the big problem in the 2014 elections is for democrats. are these the guys that...
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Jan 25, 2012
01/12
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billionaire investor george soros, i'm personally glad to pay more taxes. the president at the state of the union calling for anyone who makes more than $1 million to pay taxes. i said, aren't your colleagues going to call this human warfare? he said, my colleagues will call it that. i don't believe that's what it is. incoming equality is the defining issue of our time. it has everybody talking. tomorrow we're going to sit down with a number of leaders, including bill gates, my colleague is going to talk to jp morgan chase. interesting to get their take on all of it. >> we'll see you back here hopefully tomorrow. thank you, poppy, live in davos. >>> i want to show you again and push forward this world beat-down. it's caught on video, then posted to youtube. several of these youths are charged and one is still sitting behind bars because of his dad. we asked escoban when he heard about the video and why he decided to turn his 17-year-old son in. don't miss this. i don't have homework today. it's what's right here is what is most important to me. it's beautif
billionaire investor george soros, i'm personally glad to pay more taxes. the president at the state of the union calling for anyone who makes more than $1 million to pay taxes. i said, aren't your colleagues going to call this human warfare? he said, my colleagues will call it that. i don't believe that's what it is. incoming equality is the defining issue of our time. it has everybody talking. tomorrow we're going to sit down with a number of leaders, including bill gates, my colleague is...
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Apr 10, 2013
04/13
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there's a tax on wealthy -- higher taxes on wealthy hedge fund and private equity managers. there's a minimum wage increase. there's a host of things that appeal to and actually enfinfure the right and left here. the goal here they say stabilizing our deficit over the next ten years or so. when you look at what that chart looks like, you can see the budget deficit is the size of the economy very, very big. and then it levels off about 2015. that's what they say this projected budget would do, suzanne. >> christine, talk about this concession made to republicans. this has to do with the way that inflation is measured and how it would impact older people. >> that's exactly right. it's kind of a budget wonky change in how they would calculate cpi, that's that annual consumer price increase people get in their social security checks. here's what it would look like. the basic measure of inflation, recalculate it so people would have a smaller check. seniors ultimately would have a smaller check that would reduce the deficit, but it would also reduce what seniors bring home in the
there's a tax on wealthy -- higher taxes on wealthy hedge fund and private equity managers. there's a minimum wage increase. there's a host of things that appeal to and actually enfinfure the right and left here. the goal here they say stabilizing our deficit over the next ten years or so. when you look at what that chart looks like, you can see the budget deficit is the size of the economy very, very big. and then it levels off about 2015. that's what they say this projected budget would do,...
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Dec 19, 2012
12/12
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no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. when you give a child a toy, it has to work. ♪ make just one someone happy and when it's a toys for tots child, well, what could be more important? so this year, every hasbro toy donated to toys for tots will be powered by duracell. happy holidays. duracell with duralock. trusted everywhere. >>> i want to welcome our international viewers from around the world as we stand by live on this developing story. this is the white house briefing room, and we're waiting for the president of the uniteat
no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. when you give a child a toy, it has to work. ♪ make just one someone happy and when it's a...
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Oct 30, 2010
10/10
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cut taxes mainly for millionaires and billionaires. quut cut regular layings that curb special interests an cut middle class families loose to fend for themselves. if you are out of a job, tough luck. if you don't have health care, tooed ba. y you are on your own. if you are a young person who can't afford college, pull yourself up by your own boot straps. you are on your own. we know how that philosophy worked. it did not work. we have tried what they are selling right now. we tried it for eight years. it did not work. we are not going back to that. that is the choice in this election. >>> president obama is speaking here in bridgeport, connecticut, giving his classic and at this point standard stump speech trying to get democrats to go out to the polls warning about what he says are the dangers of going back to republican reign when it comes to the united states congress. you might have seen the president get interrupted. it turns out it was about 14 protesters, our producer here counted them. they were protesting in favor of more fu
cut taxes mainly for millionaires and billionaires. quut cut regular layings that curb special interests an cut middle class families loose to fend for themselves. if you are out of a job, tough luck. if you don't have health care, tooed ba. y you are on your own. if you are a young person who can't afford college, pull yourself up by your own boot straps. you are on your own. we know how that philosophy worked. it did not work. we have tried what they are selling right now. we tried it for...
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Dec 24, 2012
12/12
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that plan would block tax hikes for those earning $250,000. it would extend unemployment benefits to 2 million americans and put off spending cuts until the new year brings a new congress. our expert on all matters relating to the fiscal cliff is dana bash. she joins me now from washington. dana, great to see you again. tell me does even a band-aid approach work? >> it's going to be tough. this is all math. but it really has to do with the math with regard to votes. and democrats especially who i'm talking to in the senate which is probably where this will originate, the reality is that democrats don't hold a very big majority. her going to need to have a handful of republicans to cross party lines and vote with them on the whole concept of raising any taxes. especially what the president wants which is something that is raising taxes on all americans making more than $250,000. that's the senate. never mind the house, which of course, made clear to the house speaker that they won't even go for something that's a million dollars or more when it
that plan would block tax hikes for those earning $250,000. it would extend unemployment benefits to 2 million americans and put off spending cuts until the new year brings a new congress. our expert on all matters relating to the fiscal cliff is dana bash. she joins me now from washington. dana, great to see you again. tell me does even a band-aid approach work? >> it's going to be tough. this is all math. but it really has to do with the math with regard to votes. and democrats...
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Nov 16, 2014
11/14
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>> i think we pay taxes more for problems -- state taxes, for problems and needs that arise specific to that state. >> dr. spencer is a new york city resident. >> he is. but if he had been in connecticut and he got sick, they would have brought him to bellevue probably. >> right. >> and the whole idea is to have these centers that are very good at caring for this disease and that will prevent it from spreading and if it is a new york thing and he's on the a-train with someone who gets on the metro north train who ends up in connecticut who has dinner with -- >> fair point. that's why they're monitoring so many people. also talk iing about the small businesses, for example, that bridal shop in ohio that had to shut down for a matter of days because one of the ebola patients was there, for example, right? how do you -- how do you take care of reimburse -- especially the small businesses that are impacted. >> well, i mean, that's what -- we all pay a lot of federal taxeses and some of it should go back. i think the other reason we ought to do it federal rally is particularly with the he
>> i think we pay taxes more for problems -- state taxes, for problems and needs that arise specific to that state. >> dr. spencer is a new york city resident. >> he is. but if he had been in connecticut and he got sick, they would have brought him to bellevue probably. >> right. >> and the whole idea is to have these centers that are very good at caring for this disease and that will prevent it from spreading and if it is a new york thing and he's on the a-train...
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Dec 22, 2012
12/12
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technically taxes increase on january 1st. but if you were looking at your paycheck and trying to figure out am i going to be seeing this here just a matter of a couple weeks, no, actually. we wouldn't expect that you would be seeing your taxes in your paycheck being pulled until late january, early february, and that's because payroll processors will revert to that 2012 equation that they use for your taxes in your paycheck until they're sure there's certainty. because even if we were to go over the cliff, there's still a possibility it can still be fixed in the immediate time after that. >> so not an immediate cliff it sounds like. so house speaker john boehner was dealt hugely -- or what seems to be a hugely embarrassing blow when his own party refused to vote on his plan b proposal. where do republicans go from here? >> right now they are home in their home districts for christmas and will be watching a lot of the action i guess you could almost say from their couches. normally in a situation like this you would want to ha
technically taxes increase on january 1st. but if you were looking at your paycheck and trying to figure out am i going to be seeing this here just a matter of a couple weeks, no, actually. we wouldn't expect that you would be seeing your taxes in your paycheck being pulled until late january, early february, and that's because payroll processors will revert to that 2012 equation that they use for your taxes in your paycheck until they're sure there's certainty. because even if we were to go...
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Dec 23, 2020
12/20
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it's taxed our teachers, our leaders, our school professionals and staff, who already pour so much of themselves into their work. it's taxed the families struggling to adapt to new routines as they balance the stress, pain, and loss that this year has given them. it has taxed young adults trying to chase their dreams to advance our education beyond high school and carve out their place in the economy of tomorrow. and it has stolen time from our children. who have lost something sacred and irreplaceable this year, despite the heroic efforts of so many of our nation's educators. though we are beginning to see some light at the end of the tunnel, we also know that this crisis is ongoing, that we will carry its impacts for years to come. and that the problems and inequities that have played our educational system since long before covid will still be us, even after the virus has gone. so it's our responsibility, it's our privilege to take this moment and to do the most american thing imaginable. to forge opportunity out of crisis. to draw on our resolve, our ingenuity, and our tireless op
it's taxed our teachers, our leaders, our school professionals and staff, who already pour so much of themselves into their work. it's taxed the families struggling to adapt to new routines as they balance the stress, pain, and loss that this year has given them. it has taxed young adults trying to chase their dreams to advance our education beyond high school and carve out their place in the economy of tomorrow. and it has stolen time from our children. who have lost something sacred and...
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Dec 19, 2012
12/12
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no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. i'm ber >>> i'm willing to bet they don't think using a gun and using common sense are incompatible ideas. that an unbalanced man shouldn't be able to get his hands on a military style assault rifle so easily. >> we want to welcome viewers from around the world here. here in the united states we're not the only ones that have dealt with the heart break of senseless gun violence. last year in norway a gunman killed people at a camp. in 1996 in scotland a man shot to death 16 kindergartners and their teacher. we've seen it in australia, germany and canada and brazil. give us a sense or perspective here in terms of how does the united states hold up? how do we compare to some of the vio
no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. i'm ber >>> i'm willing to bet they don't think using a gun and using common sense...
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Dec 29, 2012
12/12
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president of americans for tax reform. norquist's pledge, signed by almost all republicans in congress, forbids signatories from raising taxes ever, under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose its ability to borrow money. both democrats and republicans deploy scorched earth tactics that nearly shut down the government and ultimately cost america its aaa credit rating for the first time in history. >>> but in a last minnesota minute compromise, both sides agree to $1 trillion in spending cuts up front, and another $1.2 trillion in cuts to be decided by a special congressional super committee. but a poison pill was attached. if the super committee can't reach a deal, automatic across the board cuts known as the sequester would go into effect, starting january 2013. at the exact moment when those bush tax cuts extended for two years, if you remember, would exp
president of americans for tax reform. norquist's pledge, signed by almost all republicans in congress, forbids signatories from raising taxes ever, under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose its ability to borrow money. both democrats and republicans deploy scorched earth tactics that nearly shut down the government and...
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Dec 20, 2012
12/12
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no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. santho, ho, ho!anta! santa! want to see some magic? watch this! merry chr... (crash) ow! i landed on my keys. did you get that? oh yeah. that was amazing. here you go. that was a fun trick! see? santa's okay. walk it off santa. share videos instantly with s beam. on the galaxy siii and note ii. for a limited time get two flip covers for the price of one. exclusively at verizon. >>> oh, my god. >> oh! >> yikes. that's how hollywood sees it. that's hollywood's version of doomsday from the movie "2012." awesome and great. i love those effects. a lot of people are convinced that the world as we know it is going to end, in fact, tomorrow. it's going to happen, they say, because a centurie
no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. santho, ho, ho!anta! santa! want to see some magic? watch this! merry chr... (crash) ow! i...
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Apr 27, 2020
04/20
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at t-mobile, taxes and fees are included. and right now, when you switch your family, get four lines of unlimited for just $35 dollars a line and taxes and fees included. so what you see is what you pay every month. check it out at out t-mobile.com/4for35 staying connected your way you're just a tap away from personalized support on xfinity.com. get faster internet speeds with a click. order xfi pods to your home in a snap. or change your xfinity services with just a touch. all in one place. you're only seconds away from all of that on xfinity.com. faster than a call. easy as a tap. now that's simple, easy, awesome. >>> a lot of people are pinning their hopes on antibody tests to get back to work and the economy back up and running. these tests look at whether people have been infected and subsequently have antibodies. a lot of uncertainty surrounding them at the time. it's not clear how long one's immunity lasts as the white house task force's dr. bdeborah birx announced to cnn. >> what w.h.o. is saying is we don't know how
at t-mobile, taxes and fees are included. and right now, when you switch your family, get four lines of unlimited for just $35 dollars a line and taxes and fees included. so what you see is what you pay every month. check it out at out t-mobile.com/4for35 staying connected your way you're just a tap away from personalized support on xfinity.com. get faster internet speeds with a click. order xfi pods to your home in a snap. or change your xfinity services with just a touch. all in one place....
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Sep 19, 2011
09/11
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the way to fix the tax code is to fix the tax code. >> reporter: the gop says there are plenty of places that the rich can pony up, particularly when it comes to the pet project like medicare reform. >> with regard to the tax rate, if he's feeling guilty about it i think he should send in a check. but we don't want to stagnate this economy by raising taxes. >> reporter: given the republican house speaker's consistent opposition to tax hike, the buffett rule looks like a no go, republicans suspect that's what the president had in mind. >> i wonder if john boehner knows what it sounds like when he continues to say the position of the republican party in america is you can't impose one more penny on the wealthiest people. i wonder if he understands how that sounds in ohio to working familying who are struggling paycheck to paycheck. >> reporter: what looks doa on capitol hill may have many lives on the campaign trail. >>> what's behind the president's proposal to tax millionaires and will it fly on capitol hill? those are some of the questions i'll ask the cnn contributors. >>> the peace of
the way to fix the tax code is to fix the tax code. >> reporter: the gop says there are plenty of places that the rich can pony up, particularly when it comes to the pet project like medicare reform. >> with regard to the tax rate, if he's feeling guilty about it i think he should send in a check. but we don't want to stagnate this economy by raising taxes. >> reporter: given the republican house speaker's consistent opposition to tax hike, the buffett rule looks like a no go,...
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Apr 12, 2013
04/13
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tax filing day. and apparently now we have public information about the obamas and their tax return. that information just being released. zain asher joining us from new york. all right, so, what's the return and how much growth, how much paid in taxes, et cetera. >> this is pretty interesting. the first lady and president obama had an income last year of $600,000, they essentially paid $112,000 in taxes. that means that the tax rate was essentially 18.4%. we also want to talk about their donation to charities. pretty generous. they reported donating $150,000 to 33 different charities as well. also want to mention that illinois income tax also came in as well and they had paid $29,000 for that as well. fred? >> all right, total disclosure, total transparency there, thanks so much, zain asher. appreciate that. >>> the national hockey league has a new message. if you can play, you can play. it is a push to embrace gay athletes. >> what we're trying to do is make it clear that we have an environment whe
tax filing day. and apparently now we have public information about the obamas and their tax return. that information just being released. zain asher joining us from new york. all right, so, what's the return and how much growth, how much paid in taxes, et cetera. >> this is pretty interesting. the first lady and president obama had an income last year of $600,000, they essentially paid $112,000 in taxes. that means that the tax rate was essentially 18.4%. we also want to talk about their...
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Dec 24, 2012
12/12
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. >>> nine days left before you face a new year with higher taxes. apparently a fiscal cliff solution is not wrapped up as a gift under your christmas tree. makers are home for the holidays. house speaker john boehner is in ohio, president obama is in his native hawaii. you'll hear about a last ditch effort that may happen after the holiday. that story just a few moments away here as well. >> a united states senator was arrested for drunk driving early sunday morning. idaho republican was taken to jail in alexandria virginia after midnight. he was stopped for running a red light and charged with driving under the influence. the senator has issued an apology. he was released on $1,000 bond and he has a court date. >>> christmas, two days away, and for much of the country it's going to be a white one. heavy snowfall has blanketed several states up to five feet of snow is expected. snow is also falling back east as well. like lake effect snow has blanketed areas around cleveland and buffalo. high winds are threatening to delay flights in new york, phila
. >>> nine days left before you face a new year with higher taxes. apparently a fiscal cliff solution is not wrapped up as a gift under your christmas tree. makers are home for the holidays. house speaker john boehner is in ohio, president obama is in his native hawaii. you'll hear about a last ditch effort that may happen after the holiday. that story just a few moments away here as well. >> a united states senator was arrested for drunk driving early sunday morning. idaho...
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he's a fiscal conservative, wants to balance the budget and lower taxes. that is ringing true in pennsylvania. this is also a state, randy, where republicans thinks if they went back to the house one of the places they could do it is here. republicans hope they could win four to six house seats held by democrats. that's why we're in pennsylvania today. tomorrow the president is coming to pennsylvania. >> give me an idea, what about the political breakdown in pennsylvania? why is it such a microcosm of the country? >> it really is in so many places. let's start east in philadelphia. that's an area dominated by democrats. that's why tomorrow the president, vice president will be in northwest philadelphia at a school there having a rally. the whole idea is to motivate democrats, the base voters to get out and vote. the philadelphia suburbs an area they can swing back and forth. last two election cycles they have swung for democrats. this year maybe not. we're here in the center of the state. this is much more dominated by republicans. this is more of a rural
he's a fiscal conservative, wants to balance the budget and lower taxes. that is ringing true in pennsylvania. this is also a state, randy, where republicans thinks if they went back to the house one of the places they could do it is here. republicans hope they could win four to six house seats held by democrats. that's why we're in pennsylvania today. tomorrow the president is coming to pennsylvania. >> give me an idea, what about the political breakdown in pennsylvania? why is it such a...
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Sep 19, 2011
09/11
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how is he paying taxes? >> i have a lower tax rate than anybody in my office. >> some very rich and very powerful guys are on his side. but republicans? >> well, that's class warfare. class warfare. >> mr. obama unveils the details on monday. >>> then the maid and the money man. finally, he's talking. >> i'm afraid i was very afraid. >> tonight, the maid's response on cnn. >>> then under attack. a cnn crew caught in the cross fire. that's an extraordinary twist to this story. >>> plus, falling from the sky. two fatal air show crashes in one weekend. what caused the deaths of ten people? pilot error or mechanical failure? we investigate. >>> here in the cnn newsroom. we begin with this, president obama has wanted tax increases all along, but the republicans resisted, but now mr. obama is helping to pay for his new jobs plan and come monday morning your going to hear all about it when he announces details of the so-called buffett role, named after warren buffett. a tax on millionaires to make sure they don't p
how is he paying taxes? >> i have a lower tax rate than anybody in my office. >> some very rich and very powerful guys are on his side. but republicans? >> well, that's class warfare. class warfare. >> mr. obama unveils the details on monday. >>> then the maid and the money man. finally, he's talking. >> i'm afraid i was very afraid. >> tonight, the maid's response on cnn. >>> then under attack. a cnn crew caught in the cross fire. that's an...
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Apr 20, 2020
04/20
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access tax-free cash and stay in the home you love. you've probably been investing in your home for years... making monthly mortgage payments... doing the right thing... and it's become your family's heart and soul... well, that investment can give you tax-free cash just when you need it. learn how homeowners are strategically using a reverse mortgage loan to cover expenses, pay for healthcare, preserve your portfolio, and so much more. look, reverse mortgages aren't for everyone but i think i've been 'round long enough to know what's what. i'm proud to be a part of aag, i trust 'em, i think you can too. trust aag for the best reverse mortgage solutions. so you can... retire better. >>> right now the white house and democrats said to be on the verge of delivering a deal of an $18 billion package. but the bulk of the cash is for funding that ran out last week. phil mattingly is following the development. phil, they've been saying for 21-plus hours, we're close, close, close. what's the hangup? >> details. john, you know as well as anybo
access tax-free cash and stay in the home you love. you've probably been investing in your home for years... making monthly mortgage payments... doing the right thing... and it's become your family's heart and soul... well, that investment can give you tax-free cash just when you need it. learn how homeowners are strategically using a reverse mortgage loan to cover expenses, pay for healthcare, preserve your portfolio, and so much more. look, reverse mortgages aren't for everyone but i think...
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Oct 13, 2022
10/22
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now is not the time to raise taxes in san francisco. vote no on m and o. >>> this morning wall street is responding negatively after another concerning inflation report. the dow opened just moments ago already down over 500 points, nearly down 2%. cnn business correspondent alison kosik is following the market. what will you be looking for today? >> good morning, bianna. this is shortly a sharp u-turn. before the market opened we saw a triple-digit gain for the dow. now you're seeing it fall over 500 points. this is after the inflation report looking at consumer prices telling us what we already know as consumers, that we're paying more for everything from food to rent to when we travel. we're paying more for all of those things. we learned that on a monthly basis overall consumer prices doubles more than expected. then you strip out the volatile food and energy part of the equation and you see inflation still moving higher there. so what this means and why you're seeing this reaction here on wall street is the concern that the fed has
now is not the time to raise taxes in san francisco. vote no on m and o. >>> this morning wall street is responding negatively after another concerning inflation report. the dow opened just moments ago already down over 500 points, nearly down 2%. cnn business correspondent alison kosik is following the market. what will you be looking for today? >> good morning, bianna. this is shortly a sharp u-turn. before the market opened we saw a triple-digit gain for the dow. now you're...
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Apr 2, 2020
04/20
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he also pointed to congress, saying they need to pass a tax break for the hospitality industry. he said that he had reached out to nbs, the leader of saudi arabia, to try to get a cut in production that would boost oil prices. it has boosted oil prices. that's good for people who work in the oil industry, but it's a drop in the bucket compared to the overall economic problem. finally, the number one economic intervention the president could do most effectively is get on top of the virus. that is the key to unlocking this situation and the president was blame casting there as well, pointing to states saying, we could never give them enough help. they should have stocked up ahead of time. >> we are all in this together. that is not what that message is. julia, what is the outlook after this? do folks just sit, wait, dread next week's jobless claims report? does it look like anything from the government stimulus package is going to do anything to slow this bleed? >> reporter: that is the only silver lining is that help is coming. the problem is it's not coming soon enough, quite fr
he also pointed to congress, saying they need to pass a tax break for the hospitality industry. he said that he had reached out to nbs, the leader of saudi arabia, to try to get a cut in production that would boost oil prices. it has boosted oil prices. that's good for people who work in the oil industry, but it's a drop in the bucket compared to the overall economic problem. finally, the number one economic intervention the president could do most effectively is get on top of the virus. that...
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Jan 8, 2013
01/13
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it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >>> for the first time ever, a film crew has captured a monster, the stuff of legends, i ware. it's the giant squid. if you don't think that's a big deal, it truly is. the picture captured in its natural habitat more than a half mile under the ocean's surface and pardon the pun here, it's making serious ripples. joining us is jack hanna, the greater guy to do it. host of "jack hanna's into the wild." this is such a cool discovery. this was like the holy grail. why is it such a big deal? >> they've actually seen them, not very much. i remember "20,000 leagues under the sea" when that squid grabbed the submarine? it scared me to death. i'm seen some squid, but if i saw a giant squid -- will well, i wouldn't be at 600 feet but this animal has eyes as big as a plate, ten feet long, can you imagine that? they can grow to 30 feet. i think i would kiss myself good-bye. >> what they found is t
it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >>> for the first time ever, a film crew has captured a monster, the stuff of legends, i ware. it's the giant squid. if you don't think that's a big deal, it truly is. the picture captured in its natural habitat more than a half mile under the ocean's surface and pardon the pun here,...
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Oct 30, 2010
10/10
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california is going to face a $1,600 tax increase. in fact, families here in the sacramento area are going to face an over $1,700 fax increase. every family owned business is going to face a 55% death tax on january 1st. and every small business is going to face a tax increase, as well. of course, we know, larry knows, we know if we want to get the job creation engine going in our state and in our nation again, then we have to pay particular attention to small businesses and family owned businesses, because that's where most people get their start. >> carly fiorina, the republican nominee for u.s. senate in california, delivering her economic message earlier this week. fiorina, a very successful businesswoman, is one of those self-funders this election cycle. i want to go over to dana bash where there's another big self-funder in the race, linda mcma hon. dana? >> reporter: that's right. she's the republican candidate for senate here. she's spent about $50 million of her own money, and at this point, it doesn't look like it's going to
california is going to face a $1,600 tax increase. in fact, families here in the sacramento area are going to face an over $1,700 fax increase. every family owned business is going to face a 55% death tax on january 1st. and every small business is going to face a tax increase, as well. of course, we know, larry knows, we know if we want to get the job creation engine going in our state and in our nation again, then we have to pay particular attention to small businesses and family owned...
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Dec 20, 2012
12/12
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boehner would couple his tax hike with a repeal of limits on income tax deductions and incentives. the white house calls it another gift to the rich. both sides want spending cuts but the president wants the deblt kreelgs raised high enough to get us through 214. a new poll reflects the concern among any of us if the two sides don't real a deal. 20% say going over the so-called fiscal cliff would lead to a crisis, 50% say it would cause major problems. when asked which side should compromise nor in the talks, 53% say the republicans should and 41% say democrats should compromise more. we saw progress earlier in the week. the fiscal cliff talks again hitting a roadblock. we'll bring in dana bash on capitol hill. you must be back and forth thinking where are we now? are they ready to compromise here? it looks like we're at a stand still again. >> reporter: the answer really is no. that's public rhetoric as well as what's going on maybe the right way to say it is what's not going on privately. we'll see the house speaker talk in about ten minutes. this is after we heard from senate de
boehner would couple his tax hike with a repeal of limits on income tax deductions and incentives. the white house calls it another gift to the rich. both sides want spending cuts but the president wants the deblt kreelgs raised high enough to get us through 214. a new poll reflects the concern among any of us if the two sides don't real a deal. 20% say going over the so-called fiscal cliff would lead to a crisis, 50% say it would cause major problems. when asked which side should compromise...
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Dec 22, 2012
12/12
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what's now being worked out is to avert those tax hikes. as president obama wants it, he wants it up to folks earning $250,000, and also wants to deal with unemployment insurance getting that he can extended for unemployed americans but that bigger stuff kicked down the road. >> brianna, will americans actually see their paychecks affected january 1st without a deal? >> reporter: if no deal, that is not expected. technically, the tax hikes would go into effect then, don. but there would be a whole lot of pressure on washington to act, even if we were to go over the fiscal cliff. and because of that, payroll processors would wait to use the new math, if you will. and a lot of people wouldn't see an increase in the taxes taken out of their paychecks until late january or early february when it was clear that the fiscal cliff was here to stay. >> brianna, i am not by nature a jealous person at all. but are you in waikiki? is that waikiki? because i was just there for thanksgiving. >> reporter: not too bad, huh? >> i'm hating you to so much rig
what's now being worked out is to avert those tax hikes. as president obama wants it, he wants it up to folks earning $250,000, and also wants to deal with unemployment insurance getting that he can extended for unemployed americans but that bigger stuff kicked down the road. >> brianna, will americans actually see their paychecks affected january 1st without a deal? >> reporter: if no deal, that is not expected. technically, the tax hikes would go into effect then, don. but there...
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. >> you think the counterfeiters pay legitimate wages or taxes? do they invest in factories or american jobs? no, they're all about stealing. they're all about promoting organized crime. they're all about getting rich at america's expense. >> this year immigration and customs enforcement expects to bring 40% more counterfeit cases than it did just two years ago. but experts say it may not be putting a dent in the problem because of the economy. they say pinched consumers are trying to stretch every dollar and they're doing it in part by buying counterfeit goods. jean meserve, sn, washington. >>> our next story might put a change in your dinner plans. "men's health" magazine put out a list of their ten worst fast food meals. listed for calories and fat content and saw a little bit of everything on the list from pasta to burgers to breakfast. let's break this down. karen is joining us once again. no weather factors in any of this. >> thank goodness. >> the heat might help you burn off some calories. judging how some of these calorie counts are comin
. >> you think the counterfeiters pay legitimate wages or taxes? do they invest in factories or american jobs? no, they're all about stealing. they're all about promoting organized crime. they're all about getting rich at america's expense. >> this year immigration and customs enforcement expects to bring 40% more counterfeit cases than it did just two years ago. but experts say it may not be putting a dent in the problem because of the economy. they say pinched consumers are trying...
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Feb 25, 2010
02/10
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i might add that we're also providing tax incentives, tax credits for businesses, small business that wants to purchase health insurance for its employees. it's pretty good. it's 35% tax credit the first couple years. then it's 50%. so the main point is we're not really that far apart. we're trying to find ways for small business to pool, small business to take advantage of competition, to shop and compare. also some tax provisions that encourage businesses to get health insurance. so i might say too that if you look at all the provisions, we agree on prevention. there are major prevention provisions in our legislation as senator coburn mentioned. we also agree on trying to change the way we reimburse docs. i think the biggest game changer here frankly is how we reimburse our doctors. it's based more on quality rather than quantity. i know tom coburn really agrees with that, he's a doctor. most doctors do. it's another example we really are close. and i think that once we keep pushing on those areas that we're close, it's going to make a difference. the exchanges, as you mentioned, mr
i might add that we're also providing tax incentives, tax credits for businesses, small business that wants to purchase health insurance for its employees. it's pretty good. it's 35% tax credit the first couple years. then it's 50%. so the main point is we're not really that far apart. we're trying to find ways for small business to pool, small business to take advantage of competition, to shop and compare. also some tax provisions that encourage businesses to get health insurance. so i might...
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we pay our taxes. oftentimes feels like way too many taxes to support a government, to deal with the most critical problems. we need a government whether you believe in big or small government, whatever you want it to do, it needs to be done in the best way possible and need a return on the money and need the right people in government managed well so that they can produce in a way that deals with those critical challenges that we face so -- yeah? please? >> how hard of a sell in this? many people thought of government jobs as safe jobs. this wasn't an i don't know to excel at, just a job with good benefits and safe. what you're talking about is something different. >> it is different because, in fact, we don't want the folks that are looking for the safe haven. we want the people going to actually be innovative, excel and push the envelope. particularly in today's world where the challenges are so large and in many cases very new. so, it is a heavy lift. lots of folks even when they think of public se
we pay our taxes. oftentimes feels like way too many taxes to support a government, to deal with the most critical problems. we need a government whether you believe in big or small government, whatever you want it to do, it needs to be done in the best way possible and need a return on the money and need the right people in government managed well so that they can produce in a way that deals with those critical challenges that we face so -- yeah? please? >> how hard of a sell in this?...
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Apr 8, 2013
04/13
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called the pole tax where i think margaret thought it was a very good idea. in theory it was. but in practice it was pretty disastrous. there was a big split between margaret and the political party and the country over the question of the pole tax. >> but was she on an island, or was there a particular -- or was this her perhaps -- i mean, in your most indicated guess, was this perhaps the early onset of illness setting in that caused that to happen? >> oh, no, no, no. absolutely not. no, no. she was perfectly fit. perfectly healthy. she had formed a judgment on the policy, and i think really, it didn't often happen, but i think she made a mistake in judgment, and most people disagreed with her, and if you have won three elections, you rather expect to get your own way, and so margaret wasn't backing away from that policy, and that caused -- >> i like that. >> -- a very great fiction. >> i think you're right. if you win three consecutive elections and you are the first one to do so and certainly the only one to do so in that century, you would start to feel
called the pole tax where i think margaret thought it was a very good idea. in theory it was. but in practice it was pretty disastrous. there was a big split between margaret and the political party and the country over the question of the pole tax. >> but was she on an island, or was there a particular -- or was this her perhaps -- i mean, in your most indicated guess, was this perhaps the early onset of illness setting in that caused that to happen? >> oh, no, no, no. absolutely...
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Feb 10, 2013
02/13
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he will talk about taxes, debt, and the upcoming budget. >>> wednesday, face book mark zuckerberg and fund raiser for chris christie. >>> thursday, mark your calendar. valentine's day. same-sex couples in illinois may be shopping for wedding rings soon. they could vote as early as thursday. >>> on friday, an asteroid the size of half a football field will fly pretty doggone close to earth. i mean 17,000 miles. consider this your heads-up. nasa scientists say the object this size really hasn't come this close to earth ever. but don't let that worry you. relax. there's not a chance it will hit us. do you think they would really tell you if it would? that's it for me. cnn newsroom comes right now. have a great weekend. >>> you are in the cnn newsroom. i'm brianna keilar for don lemon. the city of los angeles is offering a $1 million award to locate rogue cop christopher dorner. his burning truck was found in the area on thursday. dorner described as a trained assassin and is accused of three killings over the past week, including a policeman. a live report on the man hunt straight ahead.
he will talk about taxes, debt, and the upcoming budget. >>> wednesday, face book mark zuckerberg and fund raiser for chris christie. >>> thursday, mark your calendar. valentine's day. same-sex couples in illinois may be shopping for wedding rings soon. they could vote as early as thursday. >>> on friday, an asteroid the size of half a football field will fly pretty doggone close to earth. i mean 17,000 miles. consider this your heads-up. nasa scientists say the...
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May 5, 2024
05/24
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they can increase the eligibility for snap and they can pass a child tax credit. it worked during the pandemic to help keep people out of poverty. and it would work again for now, karla and come pi plan to keep relying on the generosity of this food bank. >> i think in the end it's not about pride, it's about what you need all right. >> all right. are thanks to alice and camera data for that. still ahead. >> grandma, update on the search for three missing tourists in mexico during the cnn newsroom every piece of evidence tells us door how it really happened with jesse l. >> martin said at nine on cnn so far as helping me get my money right to achieve my ambitions, were so phi checking in statements that they know account and earn one of the best eighth the y's in the store or higher apy and in patric logan bonus or you set up your web deposit arthritis pain, we say not today. >> tylenol, eight hour arthritis pain has two layers of relief the first is fast, the second as long-lasting, we give you your day back so you can give it everything. tylenol. number one, doc
they can increase the eligibility for snap and they can pass a child tax credit. it worked during the pandemic to help keep people out of poverty. and it would work again for now, karla and come pi plan to keep relying on the generosity of this food bank. >> i think in the end it's not about pride, it's about what you need all right. >> all right. are thanks to alice and camera data for that. still ahead. >> grandma, update on the search for three missing tourists in mexico...
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cuts and tax hikes that would affect every american starting january 1st. listen. >> every income tax filer in america's going to pay a higher rate january 1st, unless congress abilitiy octobers. i believe it's important that we protect as many american taxpayers as we can. and our plan b would protect american taxpayers who make $1 million or less and are all of their current rates extended. >> want to bring in our white house correspondent dan lothian. we know that the president says, look, campaigned on those earning more than $250,000 would not see a tax increase. now it's been raises to about i believe $400,000. where are we in the negotiations here? >> reporter: that's where it stands. i think it was the dramatic development overnight when the president did shift from something he had been pushing out on the campaign trail and the last few weeks saying essentially no deal could get done if taxes did notten crease on those households making more than $250,000. now the president raising that to $400,000. i think there was a level of optimism here in was
cuts and tax hikes that would affect every american starting january 1st. listen. >> every income tax filer in america's going to pay a higher rate january 1st, unless congress abilitiy octobers. i believe it's important that we protect as many american taxpayers as we can. and our plan b would protect american taxpayers who make $1 million or less and are all of their current rates extended. >> want to bring in our white house correspondent dan lothian. we know that the president...